You can buy an entire Italian castle - and its surrounding village - for $8.3 million

18,000-square-foot castle includes a functioning bed-and-breakfast, plus parts of the adjoining medieval village and a complex of residential buildings and gardensBusiness Insider | March 30, 2016, 17:00 IST

If you've always dreamt of being the proprietor of a fiefdom, consider this $8.3 million property in Todi, Italy an ideal entry point.

The traditional 10th-century Castle di Sismano outside of Rome has quite an illustrious history of owners: it was donated by Emperor Otto in 962 AD, and passed on to the family of the Prince Corsini (two of whom became popes) until it hit the market this week. That's over 1,000 years of royal inhabitants.

The estate for sale is comprised of an 18,000-square-foot castle that includes a functioning (and well-reviewed) bed-and-breakfast, plus parts of the adjoining medieval village and a complex of residential buildings and gardens. It's all situated on a total of 2,100 acres of agricultural land - forests, pastures, and even olive groves.

Currently, the Goods and Services Tax (GST) is levied at 12 per cent on payments made for under-construction property or ready-to-move-in flats where completion certificate has not been issued at the time of sale.